Friday 25 February 2011

Short trade on cable (GBP/USD) - 24 to 25/02 Pips in!


  
Perfect setup but this time i took it. 

The red vertical line shows the trigger. Purple below the red, CCI and Stochastic moved all the way up and then started moving down. 

My entry was a 1.6132 (below previous low), SL just above DP and previous highs and target profit WS-1, which today is almost at the same level of D-S1.

I actually bought half-stake at around 1.6079 and brought SL to BE and let the rest run to TP.

No comments:

Post a Comment